Medicare Is Great, but It Can Be Improved. Here Are Some Suggestions

When we think about government programs supporting those in retirement, many people think mainly of Social Security and forget Medicare, which is just as vital. There were recently more than 67 million Americans enrolled in Medicare -- nearly the number that receive Social Security benefits.Here's why Medicare matters so much. According to Fidelity, a 65-year-old person retiring in 2024 could expect to spend $165,000, on average, on medical and healthcare expenses throughout their retirement. That doesn't even include long-term care, over-the-counter medications, and most dental services. A married couple should assume an average cost of $330,000.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool